World News
German groups warn of “alarming” slump in heat pump sales
GERMANY: As Germany celebrates record heat pump sales in 2023, the future of the market is uncertain with sales declining since last June and an “alarming” slump in December. …
Carrier to drop Toshiba name in Japan
JAPAN: Toshiba Carrier Corporation is to change its name in Japan to Carrier Japan Corporation (Nippon Carrier Corporation) from May 1. …
Daikin readjusts 2024 heat pump forecasts
BELGIUM: Daikin Europe has re-adjusted its forecasts for 2024 after a continuing shortfall in European heat pump sales and no expectation of a significant demand increase this year….
Lindab to acquire Danish ventilation company Airmaster
SWEDEN/DENMARK: Swedish ventilation company Lindab has signed an agreement to acquire Airmaster, a Danish manufacturer of products for decentralised ventilation….
Apleona acquires Air for All
GERMANY: Facilities management company Apleona has acquired German ventilation, air conditioning and smoke extraction system contractor Air for All….
Syclef expands into Spain
FRANCE/SPAIN: French industrial and commercial refrigeration contractor Syclef has acquired the Spanish refrigeration and air conditioning companies Enfrío and Iparfrío….
Ambienta invests in HVACR market
ITALY: Asset management firm Ambienta has acquired a majority stake in the commercial and industrial refrigeration contractor businesses of Frigoveneta SpA and Frigoveneta Service Srl. …
Refrigerant licence steers a safe course
FRANCE: Faced with a global move towards flammable refrigerants, a qualification programme will help governments ensure that refrigeration and air conditioning engineers have the appropriate skills….
Linumgroup acquires Swedish wholesaler
BELGIUM/SWEDEN: The Belgian Linumgroup, a manufacturer and distributor of HVACR parts and accessories, has acquired the Swedish wholesaler Luftexpressen AB….
GEA invests €5.5m in AWP factory
GERMANY: GEA is investing around €5.5m in the modernisation of industrial refrigeration production valves and components at its GEA AWP site in Prenzlau….